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Albertsons gives up on merger, sues Kroger
Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal
Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval of the $24.6 billion agreement.
Federal, State Judges Block Kroger-Albertsons $25 Billion Merger
Two separate rulings on Tuesday stopped the merger of supermarket giants Kroger and Albertsons in its tracks. The decisions by
Kroger-Albertsons merger blocked by federal and Washington state judges
Two judges, one federal and another in Washington state, ruled on Tuesday against Kroger’s $25 billion takeover bid for Albertsons, granting court orders blocking the deal. After holding a more than three-week "mini-trial" in August and September,
Shanken News Daily
17h
News Alert: Kroger-Albertsons’ $25B Merger Blocked By Federal Judge
The long-simmering $25 billion merger between supermarket giants Kroger and Albertsons was blocked in federal court in Oregon today, with U.S. District Judge Adrienne Nelson issuing a temporary ...
My Edmonds News
11h
Judges in Oregon, Washington, block Kroger-Albertsons supermarket merger
Judges in Oregon and Washington on Tuesday blocked supermarket giants Kroger and Albertsons from merging, throwing into ...
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